We’re at an odd time in the technology industry. While there’s bound to be some pre-holiday layoffs waiting around the corner, it shouldn’t be like the rapid-fire carnage of last winter. Meanwhile, venture-backed companies like Fortinet are finally making it all the way to IPO and beyond. And acquirers are willing to go the distance, like Google for AdMob.
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Arthur and I arrived in Mountain View bright and early to interview with Y Combinator. We grabbed a filling American breakfast in a diner nearby and were pumped to interview at 10am. Twelve hours later we would get an email from Paul Graham explaining that YC would not accept us for the Winter 2010 round.We felt deflated to hear the news, but the feedback was helpful, and our inner optimists co
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Instead of encouraging the first brain drain in U.S. history, the country should create a program to welcome funded startup entrepreneurs. Bring up the topic of economic stimulus and job creation, and you won't hear much about immigration. If the topic does arise, it's usually because somebody believes foreigners are taking U.S. jobs. It's time to bring the immigration question squarely into the
Over the past few weeks we’ve seen extremely high activity in new venture investments. Starting in September, we witnessed the return of multiple term sheet deals, short fuse situations, and a renewed urgency to most fund-raisings. I heard last week of a hot late stage deal attracting ten (yes 10) term sheets. It’s a really great company, but just one quarter ago that number would have been much
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In the third quarter of 2009, we saw a slight rebound in venture funding from earlier in the year. But which venture capital firms were the most active in the quarter? One of my favorite new tables in our latest TechCrunch Trends report, which is based on company data we collect in CrunchBase, is the ranking of the most active venture capital firms.
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Google’s dominance in Internet search has earned it billions in profits and has allowed it to expand its ambitions far beyond search and advertising to all other aspects of the online world, including publishing. Next year, it will challenge Microsoft Windows by unveiling its Chrome operating system, a browser-based technology.
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Three technology companies have agreed to lease the lower floors of The Chronicle building, the first steps in a broader plan to create what the developers and city are portraying as an "innovation incubation hub" in the Mid-Market district.Two of the companies locating at 901 Mission St., Hub Bay Area and TechShop, are so called incubators, which will provide space, funding and counseling to ear
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Coming up with brilliant, game-changing ideas is what makes the likes of Apple's Steve Jobs so successful, and now researchers say they have identified the five secrets to being a great innovator. Professors from Harvard Business School, Insead and Brigham Young University have just completed a six-year study of more than 3,000 executives and 500 innovative entrepreneurs, that included interviews
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Harvard MBAs have proposed that all MBA students sign an oath. The oath can be found on http://mbaoath.org/take-the-oath. It pledges, among other things, to “contribute to the well-being of society” and to “create sustainable economic, social and environmental prosperity worldwide.” I don’t believe that this is a good idea, for three reasons. First, some parts of the pledge are inconsistent with
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Indians have played a significant role in building the Silicon Valley as the technology and innovation hub of the world, according to a 3,000-page report published by Bay Area Council Economic Institute. 'Global Reach', the report by R. Sean Randolph president and CEO, Bay Area Council Economic Institute and Niels Erich, Global Business/Transportation Consulting, took the Bay Area Council Economi
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